Century Casinos (CNTY) Set to Announce Quarterly Earnings on Wednesday

Century Casinos (NASDAQ:CNTY) will announce its earnings results before the market opens on Wednesday, November 7th. Analysts expect the company to announce earnings of $0.05 per share for the quarter.

Century Casinos (NASDAQ:CNTY) last posted its quarterly earnings results on Wednesday, August 8th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.04). The business had revenue of $39.65 million during the quarter, compared to analysts’ expectations of $38.55 million. Century Casinos had a net margin of 2.20% and a return on equity of 5.01%. On average, analysts expect Century Casinos to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

CNTY traded up $0.09 during midday trading on Wednesday, hitting $6.09. The company’s stock had a trading volume of 3,355 shares, compared to its average volume of 201,891. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.70 and a quick ratio of 1.68. The stock has a market capitalization of $181.98 million, a price-to-earnings ratio of 13.53, a price-to-earnings-growth ratio of 1.45 and a beta of 0.18. Century Casinos has a 52-week low of $5.96 and a 52-week high of $9.85.

Several analysts have commented on CNTY shares. ValuEngine cut Century Casinos from a “buy” rating to a “hold” rating in a report on Thursday, September 27th. Zacks Investment Research cut Century Casinos from a “hold” rating to a “sell” rating in a report on Tuesday, August 14th. Stifel Nicolaus lowered their price target on Century Casinos from $14.00 to $13.00 and set a “buy” rating for the company in a report on Friday, August 10th. BidaskClub cut Century Casinos from a “hold” rating to a “sell” rating in a report on Thursday, July 12th. Finally, TheStreet cut Century Casinos from a “b” rating to a “c” rating in a report on Friday, August 31st. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $11.00.

About Century Casinos

Century Casinos, Inc operates as a casino entertainment company worldwide. The company develops and operates gaming establishments, as well as related lodging, restaurant, horse racing, and entertainment facilities. It owns and operates casinos in North America and Poland; a racetrack and entertainment center in Canada; and pari-mutuel off-track betting network in southern Alberta, Canada.

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Earnings History for Century Casinos (NASDAQ:CNTY)

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